iCoreConnect Inc. Annual report pursuant to Section 13 and 15(d)

COMMON STOCK AND PREFERRED STOCK (Tables)

12 Months Ended

Dec. 31, 2019

Options Outstanding	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value

Balance Outstanding - January 1, 2018		198,402		$	10.40		0.7	$	-

Granted		1,300,000		$	0.25		10.2
Exercised		-
Forfeited/expired		(142,245	)	$	9.05

Balance Outstanding - December 31, 2018		1,356,157		$	0.31		9.8	$	-

Exercisable - December 31, 2018		489,490		$	0.29		9.1	$	-

Balance Outstanding - January 1, 2019		1,356,157		$	0.31		9.8	$	-

Granted		135,000		$	0.15		9.2
Exercised		-
Forfeited		(81,157	)	$	1.17
Balance Outstanding - December 31, 2019		1,410,000		$	0.24		9.2	$	-

Exercisable - December 31, 2019		976,667		$	0.24		9.2	$	-

Nonvested Options	Number of Options			Weighted Average Grant Date Fair Value		Weighted Average Remaining Years to Vest
Nonvested - January 1, 2018		18,719		$	10.40		0.7

Granted		1,300,000		$	0.13
Vested		(452,052	)	$	0.31
Forfeited/expired		-

Nonvested - December 31, 2018		866,667		$	0.13		1.6

Nonvested - January 1, 2019		866,667		$	0.13		1.6

Granted		135,000		$	0.15
Vested		(568,334	)	$	0.13
Forfeited/expired		-
Nonvested - December 31, 2019		433,333		$	0.13		0.6

	Warrants			Weighted Average Exercise Price
Outstanding at January 1, 2018		7,643,003		$	1.34

Issued		4,002,646		$	1.35
Exercised		-
Expired		(72,669	)

Outstanding at December 31, 2018		11,572,980		$	1.35

Outstanding at January 1, 2019		11,572,980		$	1.35

Issued		55,000		$	1.35
Exercised		-
Expired		-

Outstanding at December 31, 2019		11,627,980		$	1.35